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IRI Backs 401(k) Mandate For Employers

Richard Neal, D- MA, would provide a “purely private sector solution” to the access gap in workplace retirement plans, said Lee Covington, senior vice president and general counsel at IRI, in a press call. Mr. Covington said the mandate is prescribed “in a way to make it painless for small business owners.” About 66 percent of non-union, private sector workers have access…

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